BTCUSDT - Market Analysis (ICT Concepts)
Updated
Hi everyone,
Here is a quick analysis on Bitcoin using predominantly the Monthly and Daily chart for my analysis.
We see a reaction from a Monthly Bisi with price moving higher. On the Daily timeframe for a closer look, we see that there is a Premium Sibi and a Discount Bisi. So we may see some back and forth movement between the two. But, I will be looking for where the Daily candle(s) close in the Premium Sibi, either inside/below it, or above it. This will likely determine my next course of action. I provide further analysis in the video so do check it out.
- R2F
Here is a quick analysis on Bitcoin using predominantly the Monthly and Daily chart for my analysis.
We see a reaction from a Monthly Bisi with price moving higher. On the Daily timeframe for a closer look, we see that there is a Premium Sibi and a Discount Bisi. So we may see some back and forth movement between the two. But, I will be looking for where the Daily candle(s) close in the Premium Sibi, either inside/below it, or above it. This will likely determine my next course of action. I provide further analysis in the video so do check it out.
- R2F
Note
We had a strong close above the Daily SIBI, so now I'll be monitoring the lower timeframes such as the 1-4h to see what happens should price return to that area.
Note
Noice
R2F
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Telegram: @TradinGGrace
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